CIB Budget Gets a Little Better
The President of the Capital Improvement Board says the agency’s finances are a lot better than they were back in 2007, even though it will have to dip into reserves to cover an estimated $20 million shortfall.
The municipal corporation approved a $147 million budget, which includes the costs of salary increases, health insurance and numerous capital projects for Bankers Life Fieldhouse and Lucas Oil Stadium.
However, Earl Goode tells Indy Politics the CIB has to prepare to cover the expenses of a number of prior commitments including a $37 million investor payment on Circle Center Mall in 2017.
Goode says once …read more
Via: http://indypolitics.org/2015/08/24/cib-budget-gets-a-little-better/
About author
You might also like
‘Bloom County 2015’: Berkeley Breathed Revives Comic Strip
By Bill Chappell The cartoonist won a Pulitzer Prize for his work on Bloom County in 1987; two years later, he quit producing it. » E-Mail This …read more Via:
Wheelchair Beauty Queen Sings For Toilets
By Nadia Whitehead She’s Miss Wheelchair Nigeria and an activist for the disabled. Today, she introduced President Obama as he spoke to young African leaders. But she still faces discrimination
Verizon Kills Off Subsidies And Contracts, Simplifies Data Plans
By Romain Dillet Verizon announced a brand new line-up of monthly plans for new customers. Following T-Mobile’s model, plans are now a bit cheaper and easier to understand. But you
